Truths and Lies About Year-End Funding

Chris Wiedemann

By Chris Wiedemann, consultant

The end of another government fiscal year means another September, with all the craziness and excitement that it brings. As we’ve noted before, the government doles out an average of 40 percent of its annual IT expenditure in the final month of the fiscal year. In fact, given the relatively late arrival of this year’s appropriations, we might see that share go up this year. The conditions are ripe for a hectic four-week period, where we should all expect long hours to make sure every order gets filled.

You’ll also want to make sure you’re keeping an eye on the phones, no matter when they ring — September is the month for blue birds, but you need to be responsive to land those last-minute deals and capture year-end money. Steve Charles, one of immixGroup’s co-founders, has a great video running down other best practices for the end of the government fiscal year you might want to review.

All that said, I do want to address a common misconception about year-end money: in most cases, customers aren’t going to identify any new requirements for FY18. One of the most common requests our market intelligence team gets is to help reps “find” year-end deals — but the realities of the government buying cycle make it impossible to accurately track which customers have the right combination of unfulfilled requirements and unspent budget. Don’t add to the stress of the month by chasing new deals – instead, keep the following tips in mind:

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Here are the top 5 public sector tech trends for FY18

Chris WiedemannFY18, government, ITBy Chris Wiedemann, consultant

There are only two days left in the federal government’s 2017 fiscal year. Are you ready for 2018?

While we still don’t know the amounts for federal IT budgets, we do know the government IT sector is a healthy one at around $80 billion a year. Add in state and local governments and educational institutions and you have a market valued at more than $180 billion.

Here are the five government trends we’re tracking for 2018:

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Baseball, Beaches, Budget

tim larkins small pic. 67x84BaseballBeachBudget_051116By Tim Larkins, Market Intelligence Director

If you’re fixed on baseball and beach weather, you need to switch gears. Pennant races and temperatures aren’t the only things that start to heat up come spring.
April, May, and June are prime budget planning months for federal agencies.

As you read this, program managers are working tirelessly to spend their FY16 money, to budget for the spending of their FY17 money, and make requests for FY18 money.

Which means it’s time to fire up conversations around requirements, unsolicited proposals, and unfunded requests. Getting an early foot in the door in the budget planning process is key to selling technology to the government, and ensuring that technology requirements align to your solutions is the best way to secure business down the road.

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